Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chip maker, has bet on maintaining its steady growth against the background of the results of operations for the third quarter of the current year, which testified that this firm is one of the beneficiaries of the so-called artificial intelligence boom.
The French startup Mistral AI presented its first models of generative artificial intelligence designed to function on such devices as laptops and smartphones.
In September, the United States recorded an increase in consumer spending, which is evidence of the sustainability of the country’s economic system, which is currently getting a boost from the Federal Reserve System.
In the United States, the number of residents who filed new applications for unemployment benefits unexpectedly decreased last week, but at the same time, this indicator may remain elevated in the short term due to the effects of hurricanes Helen and Milton, which had a negative impact on the US labor market picture.
The European Central Bank on Thursday, October 17, decided to cut interest rates again.
Robinhood launched the long-awaited desktop platform on Wednesday, October 16.
Amazon on Wednesday, October 16, announced a new version of the Kindle e-book reader.
In September, the United Kingdom recorded a sharp decrease in the inflation rate.
Morgan Stanley on Wednesday, October 16, published information about its earnings for the third quarter of the current year.
The value of shares of ASML Holding NV showed a decrease, which turned out to be the largest in the last 26 years, after it became known this Dutch company specializing in the production of equipment necessary for making chips, including advanced categories, booked only half of the orders from the indicator predicted by analysts.
Amazon on Monday, October 14, said that it uses legal action and other methods to combat fake reviews and prevent customers from seeing relevant materials.
Adobe has presented an artificial intelligence model that can use text prompts to generate videos.
Citigroup on Tuesday, October 15, released information about its earnings for the third quarter of the current year, which exceeded the preliminary expectations of Wall Street analysts.
Walgreens is closing about 1,200 locations, which is a decision made against the background of circumstances such as the competition of this pharmacy chain with similar virtual platforms and a decrease in payment for prescription drugs.
Goldman Sachs has published data on the financial results of its activity in the third quarter of the current year, according to which the revenue and profit of this bank with headquarters in New York City for the mentioned period exceeded preliminary expectations for the corresponding dynamic.
Experts at Goldman Sachs Group Inc. have revised their forecasts for China’s economic growth prospects in the current year and 2025.
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